N.Y. State Finance Law 94-A – New York city county clerks' operations offset fund
§ 94-a. New York city county clerks' operations offset fund. 1. There is hereby established in the joint custody of the state comptroller and the commissioner of taxation and finance a fund to be known as the "New York city county clerks' operations offset fund."
Terms Used In N.Y. State Finance Law 94-A
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
2. Such fund shall consist of the moneys transferred thereto by the comptroller pursuant to this section.
3. On or before April twentieth in each year commencing with April twentieth, nineteen hundred ninety-five, the chief administrator shall determine and certify to the comptroller the amount of the aggregate receipts derived by the state from the fees specified in paragraphs one and two of subdivision (f) of § 8020 of the civil practice law and rules during the fiscal year ending the preceding March thirty-first. That amount shall thereupon transferred by the comptroller from the general fund to the New York city county clerks' operations offset fund.
4. All moneys in the New York city county clerks' operations offset fund shall be available, subject to appropriation, for the payment of services and expenses of the offices of the county clerks in the city of New York, including liabilities incurred in a prior fiscal year but excluding services rendered and expenses incurred by those offices in discharge of a county clerk's powers and duties as commissioner of jurors.
5. All payments of moneys from the New York city county clerks' operations offset fund shall be made on the audit and warrant of the comptroller on vouchers certified or approved by the chief administrator of the courts.